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Property Description

PRICE REDUCED TO $34,300,000 ($66,000 per front foot/$141.37 per square foot) for entire 520' parcel. Will divide: $9,900,000 for 150' direct ocean-to-Intracoastal, 1.6+/- acres (two 150' lots available) $14,500,000 for 220' direct ocean-to-Intracoastal, 2.37+/- acres $24,400,000 for 370' direct ocean-to-Intracoastal, 4+/- acres

Or in any frontage ranging from 150' to 520'

Property

Presenting the largest and most desirable direct Ocean-to-Intracoastal vacant residential estate property in South Florida, if not in all the world.

Take a video tour here:
http://www.frank-mckinney.com/estate_for_sale_700_video.aspx

This singular setting commands 5.57± acres fronting an incomparable 520’± on the Atlantic Ocean and 480’± along the Intracoastal Waterway.

700 S. Ocean represents a once in a lifetime opportunity to acquire such a large and aggressively priced contiguous holding of buildable oceanfront land, peerless in all of South Florida.

Distinguished by its remarkable size, the property offers the exceptional allure of private beachfront and dockage capability for virtually any size yacht.

The property affords extraordinary investment potential, and is now being offered in individual lots should smaller, yet generous sized parcels be of interest.

Capturing stunning vistas 23’± above sea level, the property is protected by a formidable concrete-and-steel beachfront seawall and a privacy wall, has 100,000+ cubic yards of clean fill and is ready for immediate construction.

Distant, yet neighboring estate homes are valued at $100+ million. Approved plans for 70,000+/- sq. ft., home available upon qualified request.

The property is nestled in Manalapan Beach’s estate section, consisting of only 28 direct ocean-to-Intracoastal homes.

$34,300,000 ($66,000 PFF, $141.37 PSF) for entire 520' parcel

About the Town of Manalapan

Offering quiet surroundings in the heart of Florida’s Gold Coast, the prestigious oceanfront enclave of Manalapan Beach lies between Palm Beach and Boca Raton.

Manalapan is convenient to international/executive airports as well as world-class sporting clubs, shops, and restaurants.

Residents also enjoy private deeded club privileges at the prestigious Palm Beach Ritz-Carlton Hotel, complete with new world-class 30,000 sq. ft. spa.

Detailed surveys and additional information available upon qualified request.

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Premier Estate Properties, Delray Beach Office, 561.278.8188

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